Jio vs Airtel vs VI for spectrum auction on May 20: Centre sets base price at…
Hindustan TimesThe Department of Telecommunications on Friday released the date for the auction of eight spectrums of mobile internet, and all major telecom companies are expected to battle it out. Centre to commence internet spectrum auction from May 20 Government will auction eight spectrum bands for mobile phone services at a base price of ₹96,317.65 crore. It is expected that Reliance Jio and Adani Group will also participate in the upcoming spectrum auction. Muted auction amid 5G anticipation Industry experts and analysts predict that the upcoming spectrum auction starting from May 20 is expected to see muted participation and bids, said The Economic Times. The experts said that the top Indian telecom companies don't want to bid for more spectrums in order to save their airwaves for the upcoming 5G spectrum auction.